SO SAYS PETER PIPER

If you haven't downloaded and read Mary Meeker's 2017 Internet Trends Report yet, you should probably do so now. It's a bible relied on by investors and technologists, tapping into Meeker's data-driven crystal ball in order to identify the next market opportunities.

Business of Fashion connects the dots for you by pointing out the trends relevant to the fashion industry: online advertising and commerce are the way forward. The shopping experience should include more elements of gamification. The modern consumer wants infinite choices and easy discovery to go hand-in-hand with curated discovery and personalization.

☀️ THIS WEEK'S BRIGHT SPOT ☀️

In the recently released Worldwide Luxury Market Monitor by Bain & Company, the luxury sector has reason to smile and be merry. The industry will recover steadily in 2017, with a year-end forecast of 2-4% growth. The primary drivers of this growth are the return of China's luxury appetite, a boost in European tourism confidence, and the laser focus of luxury brands in courting the millennial consumer. Federica Levato, partner at Bain & Company, advises on the need to have a 360° engagement plan with consumers.